00:06 Today’s revision focuses on the critical topic of Cost in microeconomics. 01:06 Understanding the interconnections of production, cost, and revenue. 02:46 Understanding explicit and implicit costs in economics. 03:38 Understanding explicit and self-supplied costs in economics. 05:11 Understanding costs in microeconomics: explicit and implicit. 05:58 Understanding explicit and implicit costs in microeconomics. 07:21 Understanding cost functions in relation to output production. 08:06 Understanding Opportunity Cost in Decision Making 09:42 Understanding short-run and long-run costs in economics. 10:27 Short run costs include fixed and variable costs. 12:03 Understanding variable and fixed costs in production. 12:57 Understanding total cost calculation in microeconomics. 14:57 Fixed costs do not start from zero and remain constant regardless of output. 15:44 Total Fixed Cost remains constant at all output levels. 17:14 Understanding fixed and variable costs in economics. 18:18 Total variable cost increases with higher output levels. 20:26 Cost depends on production levels and varies with output. 21:15 Understanding total cost through fixed and variable components. 22:58 Understanding the inversely S-shaped curve of variable costs. 23:43 Cost increases with growth due to diminishing returns. 25:03 Understanding cost curves in microeconomics. 25:49 Total cost and total variable cost remain parallel due to fixed cost. 27:24 Understanding the behavior of total variable and fixed costs in microeconomics. 28:03 Understanding variable factors in economics and their relationship representation. 29:42 Understanding Average Cost in Economics 30:46 Increasing production lowers average fixed cost per unit. 32:27 Understanding total cost through fixed and variable components. 33:23 Understanding Average Fixed Cost in Production 35:38 Area under the curve remains constant despite changes in output. 36:28 Understanding average fixed cost reduction with increasing unit production. 37:59 Understanding Average Variable Cost in Production 39:00 Average Variable Cost Curve is U-shaped with three phases. 41:00 Understanding average total cost calculation in economics. 41:51 Understanding average fixed and variable costs in microeconomics. 43:36 Understanding the Average Total Cost Curve in Microeconomics 44:26 Understanding the relationship between different cost curves in microeconomics. 46:32 Understanding shapes of average cost curves in economics. 47:17 Average fixed costs decline but never reach zero. 48:47 AC reaches its minimum point before decreasing further. 49:39 Understanding the relationship between AC and AVC in cost analysis. 51:30 Understanding marginal cost and total cost calculation. 52:57 Understanding Marginal Cost calculation methods. 55:03 Marginal cost follows a Y-shaped curve with three phases. 55:45 Explains relationships between Average Cost and Marginal Cost. 57:53 Understanding average and marginal cost curves. 58:41 Understanding the relationship between marginal cost and minimum costs. 1:00:14 Understanding the relationship between Average Cost and Marginal Cost. 1:01:09 Understanding the relationship between Marginal Cost (MC) and Average Cost (AC). 1:02:35 Understanding the relationship between Total Variable Cost and Marginal Cost. 1:03:19 Understanding the relationship between marginal cost and total variable cost. Crafted by ADEDLOOP......
Sir yr the best We are beyond grateful for your guidance and support. To the best teacher-your hard work and dedication have not gone unnoticed. Words cannot capture my appreciation! Your passion for teaching and nurturing young minds is truly inspiring, and we are grateful for all that you have done for us❤🎉😊
Sir my exams will get over on 17 and new session will begin on 21 so could u plz upload 12th syllabus vdos so I can strengthen my base from the starting.
Sir you have helped me alot. In my half yearly exams I had scored 92% . You have made Easy to understand the concept. Even my school teachers have appreciated me for it. And tomorrow Is my economics exams I hope I will do good! . Just need your bessings. And now I m not on active on Instagram because of exams but when my results will be out I will definitely dm you sir. 🧡
Day 6 done sir 🎉 Rajat sir i am your big fan and i am aslo follow this class 11 series but sir can you upload 5 more chapter of physical education class 11 in 5 more videos
one more important point to be added in the difference of explicit and implicit cost that explicit cost is known with exact figure of amount to be paid whereas implicit cost is an estimated amount
Thanks a lot sir 😭❤️I was depressed about this chapter from past 2 days and was not able to find a related video but your video helped me a lot now my all confusion and doubts are now solved you are just ad god to us ❤❤❤
00:06 Today’s revision focuses on the critical topic of Cost in microeconomics.
01:06 Understanding the interconnections of production, cost, and revenue.
02:46 Understanding explicit and implicit costs in economics.
03:38 Understanding explicit and self-supplied costs in economics.
05:11 Understanding costs in microeconomics: explicit and implicit.
05:58 Understanding explicit and implicit costs in microeconomics.
07:21 Understanding cost functions in relation to output production.
08:06 Understanding Opportunity Cost in Decision Making
09:42 Understanding short-run and long-run costs in economics.
10:27 Short run costs include fixed and variable costs.
12:03 Understanding variable and fixed costs in production.
12:57 Understanding total cost calculation in microeconomics.
14:57 Fixed costs do not start from zero and remain constant regardless of output.
15:44 Total Fixed Cost remains constant at all output levels.
17:14 Understanding fixed and variable costs in economics.
18:18 Total variable cost increases with higher output levels.
20:26 Cost depends on production levels and varies with output.
21:15 Understanding total cost through fixed and variable components.
22:58 Understanding the inversely S-shaped curve of variable costs.
23:43 Cost increases with growth due to diminishing returns.
25:03 Understanding cost curves in microeconomics.
25:49 Total cost and total variable cost remain parallel due to fixed cost.
27:24 Understanding the behavior of total variable and fixed costs in microeconomics.
28:03 Understanding variable factors in economics and their relationship representation.
29:42 Understanding Average Cost in Economics
30:46 Increasing production lowers average fixed cost per unit.
32:27 Understanding total cost through fixed and variable components.
33:23 Understanding Average Fixed Cost in Production
35:38 Area under the curve remains constant despite changes in output.
36:28 Understanding average fixed cost reduction with increasing unit production.
37:59 Understanding Average Variable Cost in Production
39:00 Average Variable Cost Curve is U-shaped with three phases.
41:00 Understanding average total cost calculation in economics.
41:51 Understanding average fixed and variable costs in microeconomics.
43:36 Understanding the Average Total Cost Curve in Microeconomics
44:26 Understanding the relationship between different cost curves in microeconomics.
46:32 Understanding shapes of average cost curves in economics.
47:17 Average fixed costs decline but never reach zero.
48:47 AC reaches its minimum point before decreasing further.
49:39 Understanding the relationship between AC and AVC in cost analysis.
51:30 Understanding marginal cost and total cost calculation.
52:57 Understanding Marginal Cost calculation methods.
55:03 Marginal cost follows a Y-shaped curve with three phases.
55:45 Explains relationships between Average Cost and Marginal Cost.
57:53 Understanding average and marginal cost curves.
58:41 Understanding the relationship between marginal cost and minimum costs.
1:00:14 Understanding the relationship between Average Cost and Marginal Cost.
1:01:09 Understanding the relationship between Marginal Cost (MC) and Average Cost (AC).
1:02:35 Understanding the relationship between Total Variable Cost and Marginal Cost.
1:03:19 Understanding the relationship between marginal cost and total variable cost.
Crafted by ADEDLOOP......
Bhai apka pas to bhot time ha or thank you bro 😂
Sir doing struggle more than students😂
yeah true bro 🤌
🤸
Vyang krrte ho tum 😂
Kal exam h wish me luck 🤞
All the very best ... Jao aur phod ke aao aur rajat sir ka naam raushan karke aao 😊
@@aayushipandey7870 thanks and same 2 u also for ur exams👍
@@aayushipandey7870same🎉
All the very best luck friend
All the best for your exam ...❤
Sir can u pls make a video about all laws in microeconomics, it will be very useful in our revision
Sir yr the best
We are beyond grateful for your guidance and support. To the best teacher-your hard work and dedication have not gone unnoticed. Words cannot capture my appreciation! Your passion for teaching and nurturing young minds is truly inspiring, and we are grateful for all that you have done for us❤🎉😊
Sir hmara to economics ka exam ho vi gya
i studied from ur videos and they literally helped me in performing well in exam
Kon kon se question aye tgr
Day 6 done ✔️✔️present sir
Thank you so much sir
Sir plz make an explanation video of all statistics formulas :-]
Aab aap konsi class mai ho
2024-2025 wale attendance lgao
Sir my exams will get over on 17 and new session will begin on 21 so could u plz upload 12th syllabus vdos so I can strengthen my base from the starting.
Day 6 present sir ❤❤❤😊😊😊
Day 6 Done ❤& Thank you for helping sir ❤️💝✨✔️✅ 1:15
Thank you for your hardwork sir! Day 6 present!
Sir apko itna yaad kese rehta h 😭😵💫
Practice k karan
😂😂
Sir ne apni purani video ko edit karke daal di😅
Chuna lga dia apan ko 😂😂
Hmm yhi cheez mene bhi notice Kiya h sir bas voice edit kr diya sir ne or ye mujhe lagta tha ki sir lipsinc kyun kr rhe h 😮
Sir you have helped me alot. In my half yearly exams I had scored 92% . You have made
Easy to understand the concept. Even my school teachers have appreciated me for it. And tomorrow Is my economics exams I hope I will do good! . Just need your bessings. And now I m not on active on Instagram because of exams but when my results will be out I will definitely dm you sir. 🧡
Nice
Day 6 👍✅😊
Sir thank you so much for make our backbone ❤
Kya ham relationship ke diagram free hand Bana skate h
Ya but Jada marks ka aaya like 3,4,6 to bhai table bna Dena paper ma but Jo diagram bnoga vo free hand bna Dena ,then explain it ❤
@@sanyam9825 ok thanks
Day 6 done sir 🎉🎉🎉❤
tu he sharaaa tu jag saraaaaaa......tu he hamaraaa....❤😇🙏🏻🌏........attendence doooo 2024 batch.....❤🙌🏻
Sir is series ke saath mza aa gya❤❤❤
Yah video pichhle sal 2023 wala hai mai tabhi padha tha😊
Day 6 done sir thank you so much sir ji ❤
Day 6 done sir ✅
Hi
Day 6 complete ❤
Day 6 done sir ✅ thanku so much ....
Thank uh sir ❤❤❤
Thank you so much 🎉sir ❤
Sir you are best online teacher
Day 6 done ✅
Kal ke paper ke liye sab ko all the best 😊
same to you
Thank you for your help ❤
Sir OPERATING PROFIT question solve nhi ho raha hai 😢
So please do it 🙏 an another video for operating profit
Day 6 done ✅
Present sir
Thankyou sir for your hardwork ❤
Sir please viva ka bara ma bta dijiya 🙏
Day-6 Done❤❤ we can do it!!
Day-6 Done❤
Sirrr bcom honrs 1st sem ka finals hai uska liye video dekh rha apki
Chaak de fatta🙏🏼
Computerised accounting ke imp questions dedena sir ❤😢
Sir sare curves ek baar revise karke video daleya
Very well explain🙌
Day 6 done sir 🎉
Rajat sir i am your big fan and i am aslo follow this class 11 series but sir can you upload 5 more chapter of physical education class 11 in 5 more videos
Kl exam hai and mei humesha rajat sir se hi pdhta hu thank you sir.❤️
Kal mera paper h please wish me luck🙏
Day 6 present sir!!
All the best for tomorrow ☺️☺️
Nios ka exam hai or idhr bhi sir ke videos mere liye bahut bahut helpful sabit ho rhe hai ❤🙏🙏veryy grateful
Mera bhi 18 ko eco ka h 12 ka
@@Shainaqueen474 accha kaunsa centre hai????
@@Saxenaparula doon public school
17:37 sir kon sa song chl ra h piche
Aarti chl Rahi thi sayad
Mera kll exam h or nind bhi aari h 😅😭
Us bro
Day - 6 Done √ ❤️
Sir pls upload how to solve case study in bst
thank you sir! chapter was very well explained and easily understood!!!
Day6 done sir 🙏🙏
Tomorrow is my exam and i am studying this first time 😂
Day 6 Done
Present Sir
Thank You So much
sir you are great❤
one more important point to be added in the difference of explicit and implicit cost that explicit cost is known with exact figure of amount to be paid whereas implicit cost is an estimated amount
Day 6
Thank you!!!😍
Kal mera final exam h aur it'11:02 p.m. and i have 6chapter to learn of micro economics and i m just based on his videos
Sir aap sandeep garg ki book se notes prepare karte ho kya....? Kyunki jo aapne apne notes me likha h same book ki language h
Today was my school farewell
How is life now
@@ytclasher4855 it feels like real struggle starts now
Thanku sir for the Amazing explanation ❤
Can we are best friends 😊
It's my humble request to you kuki kuj ni ata bcom m na koi acha channel koi m ab b bcom m apki videos dekhri
YE RISTA KYA KHELTA HAI 24:42 😂
Haryana board wala class 12 ma kar sakte hai kya sir😊
Thank you sir 😢😢😢😢❤❤❤
Salute hai sir
Day 6 Economics done sir 👍
Sir avc nikal ke liye tc divide krna hai aapne tfc kyu kiya
Plzzz batao sir confusion hai plzz sir. Kal test hai
Its tvc divided by q
Thanks alot sir. ❤
Day 6 Present Sir🎊
9 More days to go😀
🎉🎉
Thank you so much Sir tomorrow is my exam and i am watching your video ❤
your explanation is mind blowing
THANK YOU SIR
Sir agar output 12 h or TFC bhi12 to AFC to 0 ho sakata h n means ek time pe ye 0 hoga or X-axis ko touch karega
Day 6 done 👍🏻🎉
Kl mera exam hai wish me 🤞luck
Day 6 🎉
Sir I'm a CA STUDENT I'M HERE TO STUDY COST I CANT UNDERSTAND ON OTHER CHANNELS
Sir can you suggest us fr where we can get practice papers for eco. Thanku so much sir for this video🙏👍
👍👍👍👍👍
Sir aap statistics economics ka kab one shot daalege 😢
Will you be my friend😊
Give your inst.. id ❤
Realy😄😄
Better than my school teachers love you sir ❤️
Sir you are the best teacher .
Wonderful explaination
Aaj mera exam hai tq sirr❤😊
Live saver for that one kid who doesn't studies whole year until exam last night (that one kid is me!)
Sir please note kaha pe hai ye
Sir done 6❤
Achi
DAY 6 DONE ✅👍
Sir pls numerical bhi kra do pls
present sir
Kal exam hai Aaj yaha hai
Day 6 chapter 6 dono same 😂
Thank you so much sir
Present sir
Sir mic u used in this video plz tell me
I think this is soo long video chapter toh shota haii 🤔🤔
Chal be
KL PAPER H MERA
MOJ KARDI SIR ONE SHOT ME
20/19 PKKE
❤🔥
Thanks a lot sir 😭❤️I was depressed about this chapter from past 2 days and was not able to find a related video but your video helped me a lot now my all confusion and doubts are now solved you are just ad god to us ❤❤❤